Floor Plan Insurance

Definition of "Floor plan insurance"

Brian & Heidi Wiessner real estate agent
Brian & Heidi Wiessner, Real Estate Agent Edina Realty, Inc. - Eden Prairie

Coverage for a lender who has accepted property on the floor of a merchant as security for a loan. If the merchandise is damaged or destroyed, the lender is indemnified. The policy is on an all risks basis.


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